Emirates’ Clark says needs better engine reliability before it will take new planes
Emirates President Tim Clark challenged engine makers Rolls-Royce and GE to improve their reliability, saying the airline would not take new Airbus and Boeing planes unless minimum performance standards were met.
Labor pains: Japanese jobs for South Korean graduates dry up amid trade row
Song Min-su, a Japanese major in his final year at Hannam University, south of Seoul, has watched in dismay as a spat between South Korea and Japan over wartime forced labor has spiraled into a damaging political and economic row.
Hard Rock International eyes bid for Greek tourist resort casino: paper
Hard Rock International will bid for a casino license in a long-delayed tourist development in Athens and plans to spend more than 1 billion euros ($1.11 billion) on the project, the U.S. firm’s chairman said in a newspaper interview.
Oil prices nudge up, but economic worries loom
Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, after three days of losses on fears about a weakening global economy.
Cathay Pacific Chairman Slosar resigns, to be replaced by Swire executive
Hong Kong’s Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline’s top shareholder Swire Pacific Ltd .
Cathay Pacific says Chairman John Slosar resigns
Hong Kong’s Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline’s top shareholder Swire Pacific Ltd .
Easing political worries in Europe lift shares, pound jumps
Britain’s pound bounced from three-year lows on Wednesday after a parliamentary vote raised the prospect of another delay to Brexit while an easing of worries about political risk in Italy also helped push world stocks higher.
Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit
Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.
Malaysia pursuing civil action to recover nearly $1 billion from former 1MDB unit
Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.
Oil prices nudge higher, but economic worries loom
Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, having touched their lowest in close to a month during the previous session on fears over the weakening global economy.
